Nat Towsen
👤 SpeakerAppearances Over Time
Podcast Appearances
So Americans are under the impression that gasoline effectively is cheaper than gasoline.
it could be, I mean, obviously it could be, it could always be more expensive, but do you think that at, do you think this is a thing that's just never going to go all the way back down that we made, this may just be what triggers, like we have to adjust a little bit to the idea that gas can't be as cheap as we think it is.
But we stopped doing that in the 80s.
From people being able to purchase more things?
I would say the people who are being purchased from.
In my very basic economic analysis based on what you're saying, I would imagine that more people being able to buy things would probably benefit the people selling it.
To find out how the rest of the world is living.
We got to, it's going to cause some serious culture shock.
I think you have a point even thinking about 2008 as to what Matt was saying about, you know, we focus so much more on cost than wages that a lot of the recovery after that.
I mean, obviously, there was like little bits of stimulus here and there, but it was focused on getting inflation down and focused on and it wasn't focused on the kind of, you know, investing in citizens that would create long term wealth.
It was focused on making things affordable as quickly as possible.
And, you know, of course, that was like the birth of inflation.
occupy and all you know all these movements there where people were saying hey i actually can't afford to live but uh we are very focused on the idea that everything should be you know cheap affordable available immediately i'm curious as we go forward uh if you guys don't mind pivoting a little bit to talking about the long term of this because i think
We're realizing that, yeah, these effects are going to be pretty serious.
And as often is the case, Americans are insulated in a way that people around the world are not from the effects of the American economy crashing time and time again.
This is an ongoing situation with no obvious resolution in sight.
So I was wondering if we could take a look.
We're a sane person in charge.
Given the current narrative, though, given the way that we've moved forward, assuming anything short of impeachment or regime change on our end, what's our way out of here?
Can we talk about what possible steps forward would look like, both from the military situation, but also how does the American economy stabilize from this?